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The startup scene in Egypt

The OECD’s 2026 review cites a 2021 estimate that more than 90% of Egypt’s startups were based in Cairo; the estimate does not specify a city or metro boundary. This is a dated estimate, not a current count.

Country
Egypt
Population
9,606,916
Time zone
Africa/Cairo
Fig. 1046 · Cairo Tower

About

The OECD’s 2026 review cites a 2021 estimate that more than 90% of Egypt’s startups were based in Cairo; the estimate does not specify a city or metro boundary. This is a dated estimate, not a current count.

As national ecosystem context, the OECD reports that fintech received 49.5% of Egyptian startup funding in 2022, with activity also in e-commerce, e-health, logistics, and marketing. It characterizes Egypt’s R&D-based startup sector as underdeveloped and facing limited funding. These figures and assessments are not specific to Cairo.

The OECD reports that Swvl began its B2C ride-sharing service in Cairo after its establishment in 2017. The company moved its headquarters to Dubai in 2019 and listed on Nasdaq through a SPAC in 2021 at a reported $1.5 billion valuation.

Cairo University presents CU2050 as a roadmap linking entrepreneurship, applied research, and industry engagement. The university names BasharSoft and iCareer among partners leading the initiative and lists MSMEDA, EEIC, EdVentures, and Endure Capital as alliance participants.

Startup ecosystem standing

Where Cairo ranks

Rankings that list Cairo
RankingEditionPositionSince last editionTrustWhat it measures
Global Innovation Index: Innovation Cluster Ranking (formerly Science and Technology Clusters)2026#86Down 3BInnovation, Research, Activity
Global Startup Ecosystem Index (cities)2025#90No prior editionBEcosystem, Activity, Finance, Business Climate
Emerging Ecosystems Ranking (GSER Top 100)202671 to 80No prior editionCEcosystem, Performance, Finance, Talent
Positions come from each publisher's edition. Open a ranking for its method and trust notes, or an edition for the full list.

72 organizations with a profile

Who's based in Cairo

Investors 40

Flat6Labs logoInvestor

Flat6Labs is an entrepreneurship platform based in Cairo, Egypt, that operates across the Middle East and Africa, providing acceleration programs and…

The 3 most prominent of 40. Browse all investors

Incubators 13

The 3 most prominent of 13. Browse all incubators

Venture studios 12

Tech Terminal logoVenture studio

Creating innovative technology projects.

The 3 most prominent of 12. Browse all venture studios

Accelerators 7

Falak Startups logoAccelerator

Empowering seed-stage tech startups in Egypt.

Passion Point logoAccelerator

Transforming passions into profitable ventures.

People of Data logoAccelerator

Empowering AI startups and talent in the Middle East.

The 3 most prominent of 7. Browse all accelerators

Pick what describes you

Your way in

From public sources

What the sources say about Cairo

Questions about Cairo

How does Cairo rank as a startup ecosystem?

Cairo is #90 of 1,473 in StartupBlink Index (cities) (2025). It appears in 3 published rankings; the table above lists each one.

How many startup investors are based in Cairo?

40 investors based in Cairo have a profile here, including Information Technology Industry Development Agency, ITIDA, General Authority for Investment and Free Zones (GAFI) and Flat6Labs. The real number is higher.

Are there accelerators or incubators in Cairo?

Yes. Cairo has 7 accelerators, 13 incubators and 12 venture studios on record, including Falak Startups, Fekretak Sherketak فكرتك شركتك and Smart Business VC.

Geographic proximity

Nearby cities to Cairo

All cities in Egypt

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